Trump just landed in China with the most powerful CEO's for President Xi:
Get ready for SPY target $800+ (revised from $780).
🍎 Tim Cook — $AAPL
Apple manufactures ~90% of iPhones in China. Cook locked in a $600B US investment pledge to get tariff exemptions. He's there to cement it. This is his last major diplomatic act before retirement Sep 1.
🏦 Jane Fraser — $C
Citi is the bridge between US capital markets and Chinese state financing. Fraser is there to unlock cross-border lending, dollar clearing, and investment flows that could fund the next wave of AI infrastructure buildout.
⚡ Elon Musk — $TSLA
Tesla's Shanghai gigafactory is its most productive. Musk needs EV supply chain stability and rare earth access. China needs American tech optics. Mutual dependency, maximum leverage.
🌾 Brian Sikes — $CARG (private)
Cargill controls global grain and food commodity flows. A US-China ag deal runs through them. Soy, corn, wheat — China buys it all. Sikes is there to make sure American farmers win.
🪙 Larry Fink — $BLK
BlackRock manages $10T+ in assets. Fink has been pushing to expand in China for years. A deal that opens Chinese capital markets to US asset managers = generational AUM growth for $BLK.
✈️ Kelly Ortberg — $BA
China was Boeing's biggest customer before the trade war. Beijing slapped 125% tariffs on US planes in 2025. Ortberg is negotiating what could be the largest aircraft purchase deal in history. $BA lives or dies on this one.
💳 Ryan McInerney — $V
Visa still can't fully operate in China's domestic payments market — dominated by Alipay and WeChat Pay. McInerney is pushing for market access. A crack in that wall = billions in new volume.
🌐 Chuck Robbins — $CSCO
Cisco builds the physical backbone of the internet — routers, switches, data centers. AI infrastructure needs their hardware. Robbins is negotiating network equipment access in a market that's been closing its doors to US tech.
🧬 Jacob Thaysen — $ILMN
Illumina makes gene-sequencing machines. China is a massive biotech market but has been weaponizing genomics data. Thaysen is there to push for fair access while protecting US IP — the AI-biotech overlap is massive.
💡 Jim Anderson — $COHR
Coherent makes the fiber optics and photonics that power AI data centers. Every hyperscaler's GPU cluster runs on their components. A US-China data center buildout deal runs directly through $COHR.
🔬 Sanjay Mehrotra — $MU
Micron's DRAM and NAND chips were banned in China's critical infrastructure in 2023. Mehrotra is there to reverse that. Micron getting back into the China market = a multi-billion dollar revenue unlock overnight.
📡 Christiano Amon — $QCOM
Qualcomm generates ~60% of revenue from China. Their 5G chips power Chinese smartphones. Amon is protecting licensing agreements and pushing for next-gen AI edge chip access as the world's largest 5G market upgrades.
💰 Michael Miebach — $MA
Same play as Visa. Mastercard wants into China's domestic payments infrastructure. 1.4 billion consumers transacting digitally. Market access here isn't incremental — it's transformational.
🤖 Dina Powell McCormick — $META Meta is blocked in China. Powell McCormick is the diplomatic heavy former NSC, Goldman, now Meta's global affairs chief. She's not pitching Instagram. She's negotiating the terms under which American social AI platforms exist in a world where China controls the narrative stack.
🏛️ David Solomon — $GS
Goldman is the architect of cross-border M&A, IPOs, and sovereign deals. Solomon is the room where the money gets structured. Any deal announced this week — Goldman is in the middle of it.
⚙️ H Lawrence Culp — $GE GE Aerospace makes the engines that power commercial aviation. China needs American jet engines to keep its airlines flying. Culp is there to negotiate long-term engine supply deals worth tens of billions.
🏗️ Stephen Schwarzman — $BX
Blackstone has $1T+ AUM and deep China relationships — Schwarzman literally funded a scholarship program at Tsinghua University. He's the back channel. When the official talks stall, Schwarzman is the one making the call.
⚡ Jensen Huang — $NVDA
Huang joined the delegation at the last minute. NVDA chips are the oil of the AI economy. China is a $50B market opportunity he can't ignore. AI chip export rules are being negotiated at this summit. This is the most consequential man in Beijing right now.
This is all CEOs representing the entire US economic stack chips, capital, cloud, payments, planes, and AI.
The AI supercycle just went geopolitical. 🌏
